Tuesday, March 24, 2015

SHARES in the local bourse opened higher on Tuesday with the
benchmark Straits Times Index gaining 5.4 points or 0.2 per cent to
3,415.5.

Some 51 million shares worth S$104 million were done as at 9.04 am, with 87 counters up, and 32 counters down.The local market opened higher despite moderate falls in US stock
indices overnight; the Dow lost 0.1 per cent while the S&P 500 fell
0.2 per cent and the Nasdaq slipped 0.3 per cent.

Over in Europe, concerns over Greece's debt talks led to falls across many major markets.

Monday, March 23, 2015

The trend of market
is expected to be bullish for this week . Currently we have seen
unusual volatility in markets due to Federal Reserve meeting. We may
see bullish really in next week trading session because it has taken
rebound from 3374 and we may expect that it will reach up to 3456.

NOBLE Group on Monday said it will start legal proceedings against
Hong Kong resident Arnaud Vagner, Enlighten Ace Ltd, a Seychelles
company, and any associates, at the Hong Kong High Court "for conspiracy
to injure Noble Group".

THE manager of Cambridge Industrial
Trust (CIT) said on Monday that RBC Investor Services Trust Singapore
Limited, in its capacity as trustee of CIT, has agreed to buy the
remaining 40 per cent it does not own of Cambridge SPV1 LLP for S$11
million. The stake in Cambridge SPV1 LLP - which holds an industrial
property at 3 Tuas South Avenue 4 - will be purchased from Oxley
Projects Pte Ltd.

SINGAPORE Reits offer value against their Hong
Kong and US peers, said Pearly Yap, a portfolio manager with Eastspring
Investments, in an interview with The Business Times. But the
depreciating Singapore dollar, and too many leveraged private clients in
local Reits in the face of an interest rate hike, are causes for
concern.

SINGAPORE Stock Picks[SGX]- Singapore share prices opened higher on Monday with the
Straits Times Index (STI) up 4.21 points to 3,416.65 as at 9.08 am,
following gains in US and European markets on Friday.

Top gainers in early morning trade included UOB, DBS and
Singapore Exchange. Shares of Noble Group rose on heavy trading after
the company said it will start legal proceedings following the third
Iceberg report.

Some 86.7 million shares worth S$120.9 million changed hands, with gainers outnumbering losers 85 to 56.